Court is in session. Reopening businesses could face a flood of coronavirus-related lawsuits.
Coronavirus-related lawsuits could become a gold mine for law firms over the coming months, and business owners are terrified at the potential liabilities they could face as a result.
- Precautions. Business owners are stocking up on masks, gloves, and other protective equipment to keep stakeholders safe and avoid any potential legal repercussions.
- Circling sharks. Legal experts say “ambulance chasers” law firms are gearing up for a major push into coronavirus-related litigation.
*Over 1,000 coronavirus-related lawsuits have been filed as of last Wednesday, but only 45 of them were related to medical claims.
How does it affect my wallet?
Protect the workers. Legislators are doing their best to strike a balance between protecting consumers and shielding businesses from frivolous liability lawsuits.
- “Businesses all over the country, but especially small businesses, are pretty worried about liability risks,” the president of the U.S. Chamber Institute for Legal Reform said.
Most employers are doing their best to protect employees and customers, but they’re not getting a lot of direction from the government on what’s legal and what’s not.
At a minimum, the government will have to set clear guidelines for COVID workplace standards.
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